by our College Data Analytics TeamA lot of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Gwynedd Mercy University can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Gwynedd - Mercy provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Gwynedd Mercy University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Gwynedd Mercy University, 100% of the incoming full-time class was awarded financial aid some 184 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $27,554 |
| Institutional grants & scholarships | 100% | $23,353 |
| Federal Pell grants | 35% | $5,997 |
| State/local grants | 42% | $4,236 |
| Federal student loans | 73% | $5,426 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, approximately 68% of undergraduates were awarded an average grant or scholarship of $24,303 (among about 991 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $24,303 |
| Federal Pell grants | 25% | $5,546 |
| Federal student loans | 55% | $7,881 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $28,303.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,392 |
| $30,001 – $75,000 | $23,501 |
| Over $75,000 | $31,258 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $27,483 |
| Off-campus title-IV students | $27,141 |
For a customized cost estimate, visit Gwynedd - Mercy’s NPC: www.gmercyu.edu/admissions-aid/financial-aid-tuition/net-price-calculator.
The median student at Gwynedd - Mercy graduates with $23,256 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $23,256 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Gwynedd - Mercy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,250 |
| 25th percentile | $10,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $35,647 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $25,000 |
| Middle income | $23,250 |
| High income | $20,196 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $23,750 |
| Continuing-generation students | $22,125 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,702 |
| Independent students | $25,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Gwynedd - Mercy.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Gwynedd - Mercy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10942 |
| Total Stafford loan amount | $246,599,891 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 30 |
| Total GI Bill amount | $566,580 |
| Average GI Bill amount per recipient | $18,886 |
References
More about our data sources and methodologies.